If the fed took no action in the face of a bank run what


a. What is a bank run?

b. Why might one occur?

c. If the Fed took no action in the face of a bank run, what would be the effects on the money supply and on the money multiplier?

d. How does the existence of the FDIC help prevent this problem?

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Econometrics: If the fed took no action in the face of a bank run what
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